Navy Pays $15 a Gallon For 'Green' Fuel

http://www.futureofcapitalism.com/2011/12/navy-pays-15-a-gallon-for-green-fuel

Mona Charen writes:

The headline reads like something from The Onion: "U.S. Navy Paying $15 a Gallon for Green Fuel." But it's real enough.

It seems that, fresh from its success with Solyndra, the Obama administration is slated to spend $12 million to buy a biofuel/gasoline blend that runs $15 a gallon to power a portion of the Navy's fleet in a demonstration project.

by Editor  |  Dec 13, 2011 at 4:44 pm Related Topics:  Energy receive the latest by email: subscribe to the free futureofcapitalism.com mailing list